Exciting Promotion Opportunities and Salary Increases at Banks – Latest Update!
Banks Increase Promotional Payments Following Public Bank Raises
Following the recent increase in promotional payments at public banks, private banks have also begun offering higher promotional amounts to their customers. Many banks have updated their promotional payments upwards in response to the trend.
For example, Halkbank is currently offering 8,000 TL to individuals with salaries between 10,000 and 14,999 TL, 10,000 TL to those earning between 15,000 and 19,999 TL, and 12,000 TL to those with salaries of 20,000 TL and above. Even if banks do not raise their promotional payments, retirees may still be eligible for an increased promotional limit set by the bank once they receive their higher salaries after July.
Pension salaries are expected to rise by approximately 25 percent in July. Therefore, retirees receiving between 10,000 and 15,000 TL could potentially apply for a 10,000 TL promotional payment from the bank when their salaries increase above 15,000 TL.
Regarding the current highest promotional amount and the possibility of further increases in bank payments after July, Social Security Counselor Emin Yılmaz stated: “Private banks continue to enhance their promotional offerings through various internal campaigns. Some banks are even offering promotions of up to 18,000 TL.”
Yılmaz also mentioned that retirees’ salaries are adjusted every six months based on inflation data, with an estimated 25% inflation rate projected for the first half of 2024. As a result, retirees may be able to secure higher promotional payments by conducting research through different banks.
When asked about the likelihood of further promotional increases after July, Yılmaz explained: “Banks often implement strategies to attract customers, including raising promotional payments every six months. Therefore, it might be beneficial to wait until after July for potential higher promotional offers as salaries are adjusted based on the inflation rate at that time.”
